In order for US-China relations to move towards more cooperation, reducing US trade deficit and increasing Chinese investments in the US to create more jobs, and the multilateral dismantlement of the North Korea’s nuclear ambitions, are the likely positive starting points.

Chinese governmental policies and actions facilitated the development of the VC market in order to encourage innovation and technological development, and to stimulate structural reforms of the economy.

A recent blog article in the Wall Street Journal reports the views of the European Union Chamber of Commerce in China that China’s latest industrial policy is a waste of the country’s resources and a challenge to the members of the Chamber.

Athough CPEC offers more opportunities to Pakistan given the global connectivity of trade and investment expanded by China, yet the major question is how Pakistan and China can bring this vision into reality keeping in view the changing geopolitics in the South Asian region.

At a meeting with CEOs of major American corporations, US President Donald Trump complained that it was unfair that American cars could not enter the Japanese market while over a million Japanese cars are shipped to the US every year. Both Japanese government officials and automakers were puzzled by his criticism.

During Narendra Modi’s campaign for the 2014 general elections, he promised to create 10 million jobs for India’s youth if elected. However, job creation, badly impacted by the fall in exports caused by the global economic slowdown, is now at its “lowest in seven years.”

In the revived contemporary interest in the Maritime Silk Road, narratives about Zheng He may become part of the current discourse on Chinese plans to revive the maritime trading route which spans cities from China to Italy.

An effect of the warming relations between China and the Philippines has been the de-emphasis in Manila of the South China Sea dispute. This de-escalation of tensions has brought a surge of Chinese investment, as well as possible Sino-Philippine joint exploration of resources in the South China Sea.

Southeast Asia straddles both the Silk Road Economic Belt and the Maritime Silk Road, and the projects promise to stimulate economic development and trade in the participating nations. China and ASEAN seek to raise their trade to USD 1 trillion by 2020.

There is potential for US President Donald Trump to work with China on public goods such as the global environment and many other issues of non-detrimental common interests. Job creation may be an important link between the first and second largest economies in the world.